Savant Capital LLC Decreases Stake in The Marcus Co. (NYSE:MCS)

Savant Capital LLC lessened its position in shares of The Marcus Co. (NYSE:MCS) by 14.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 64,750 shares of the company’s stock after selling 10,732 shares during the quarter. Savant Capital LLC’s holdings in Marcus were worth $944,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. GAMMA Investing LLC bought a new stake in Marcus during the fourth quarter worth approximately $33,000. Louisiana State Employees Retirement System purchased a new stake in Marcus during the 4th quarter valued at $179,000. SG Americas Securities LLC purchased a new position in Marcus during the third quarter worth $210,000. Illinois Municipal Retirement Fund purchased a new stake in shares of Marcus in the third quarter valued at $212,000. Finally, Teza Capital Management LLC purchased a new position in shares of Marcus during the 3rd quarter worth about $259,000. Institutional investors own 81.57% of the company’s stock.

Analyst Upgrades and Downgrades

MCS has been the subject of several analyst reports. Barrington Research reissued an “outperform” rating and issued a $20.00 price objective on shares of Marcus in a research note on Monday, April 22nd. StockNews.com cut Marcus from a “buy” rating to a “hold” rating in a report on Thursday, February 1st. Finally, Benchmark reiterated a “buy” rating and set a $20.00 target price on shares of Marcus in a research report on Tuesday, March 5th.

Marcus Stock Performance

Marcus stock opened at $11.92 on Friday. The Marcus Co. has a fifty-two week low of $11.58 and a fifty-two week high of $17.25. The company has a market capitalization of $377.94 million, a PE ratio of 49.65, a P/E/G ratio of 6.43 and a beta of 1.48. The company has a 50 day moving average price of $13.84 and a 200-day moving average price of $14.27. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.62 and a current ratio of 0.43.

Marcus (NYSE:MCS) last issued its earnings results on Thursday, February 29th. The company reported ($0.05) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.17) by $0.12. Marcus had a return on equity of 2.66% and a net margin of 1.73%. The business had revenue of $161.53 million during the quarter, compared to analyst estimates of $160.75 million. As a group, equities analysts forecast that The Marcus Co. will post 0.13 earnings per share for the current year.

Marcus Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Monday, March 4th were given a $0.07 dividend. The ex-dividend date of this dividend was Friday, March 1st. This represents a $0.28 annualized dividend and a dividend yield of 2.35%. Marcus’s payout ratio is presently 116.67%.

Marcus Company Profile

The Marcus Corporation, together with its subsidiaries, owns and operates movie theatres, and hotels and resorts in the United States. It operates a family entertainment center and multiscreen motion picture theatres under the Big Screen Bistro, Big Screen Bistro Express, BistroPlex, and Movie Tavern by Marcus brand names.